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HKR International Limited ( (HK:0480) ) has shared an announcement.
HKR International Limited has announced a discloseable transaction involving the disposal of a subsidiary and the assignment of a sale loan. The transaction involves the sale of the entire issued share capital of the Target Company and a sale loan to Hua Zhan Investment Limited for HK$180 million. This move will result in the Target Company ceasing to be a subsidiary of HKR International Limited, impacting the company’s consolidated financial statements. The property involved is an 8-storey public car park in Tuen Mun, New Territories, currently leased to a carpark operator.
The most recent analyst rating on (HK:0480) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on HKR International Limited stock, see the HK:0480 Stock Forecast page.
More about HKR International Limited
YTD Price Performance: 11.36%
Average Trading Volume: 804,512
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.46B
See more data about 0480 stock on TipRanks’ Stock Analysis page.